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Arkema to Offload Chlor-Alkali and PVC Business to Private Equity Firm
9:08 AM MST | November 23, 2011 | Natasha Alperowicz
Arkema announced today that it has agreed to offload its vinyl products business to private equity firm Klesch Group (London), which specializes in the development of commodity-related activities. This includes Arkema's chlor-alkali and derivatives, and polyvinyl chloride (PVC) activities. The move forms part of Arkema’s strategy to refocus its operations on specialty chemicals. Arkema presented today to its central works council a project to spin off the vinyl products operation as an independent, integrated player in the PVC business--to be...
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